(MENAFNEditorial) India Nutraceuticals Industry Outlook to 2018 - Rising Health Consciousness to Steer Growth" provides a detailed analysis of the industry covering various aspects including market size in terms of revenues and market segmentation on the basis of major types such as dietary supplements and functional food and beverages. The report also includes competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the India nutraceuticals industry
The nutraceuticals market in India is growing at a rapid rate over the period of last seven years. This growth rate can be attributed to rise in health consciousness, increasing awareness about the various types of nutraceuticals available in the market and willingness of people to spend on health fortifying food and additives. In terms of revenue, the nutraceuticals industry of India has showcased a rapid growth at a ~% CAGR over the period. The revenues have grown from USD ~ million in FY'2006 to USD ~ billion in FY'2013
India nutraceuticals market is dominated by the functional food and beverages segment which accounted for ~% share in FY'2013. However, the industry has witnessed the rapid growth of the dietary supplements market, propelled by increasing awareness amongst people to guard themselves against chronic diseases. The sales of vitamins have dominated the dietary supplements market over the years, with minerals supplements closely following behind. The marketplace has witnessed increasing consumer interest for the energy and sports drinks in recent years, largely propelled by a growing demand from the young and affluent professionals.
While the functional food and beverages market is highly cluttered with a host of small and big players, Amway has been a dominant player in dietary supplements market for the past few years which accounted for ~% share in the overall revenues of the dietary supplements industry. Dabur India and Ranbaxy constitute other major players with a percentage contribution of ~% and ~% respectively.
The nutraceuticals market of India is still underpenetrated, with a major presence in urban parts if the country. The vast population base of India has presented wide prospects for the nutraceuticals market to flourish over the years. Busier lifestyles of the urban middle class population have encouraged increasing consciousness about health and fitness, which are likely to be the major driving force behind the growth of the nutraceuticals industry in the future The revenues of the nutraceuticals industry are expected to increase at a CAGR of ~% to reach USD ~million by FY'2018
Key Topics Covered in the Report
India Nutraceuticals Industry Market Siz
India Functional Food and Beverages Marke
India Functional Food Market Segmentation
India Functional Food and Beverages Market Trends and
Development
India Dietary Supplements Marke
India Dietary Supplements Market Segmentatio
India Dietary Supplements Market Competitive Landscap
Market Share of Major Players Operating in India Dietary
Supplements Marke
India Nutraceuticals Imports and Export
India Nutraceuticals Industry Trends and Developments
India Nutraceuticals Industr
India Pharmaceutical Industry Revenue
Market Structure of Nutraceuticals Industry in Indi
India Functional Food and Beverages Market Size on the Basis of
Revenues in USD Millio
India Dietary Supplements Market Siz
Urban Population in India in Millio
Out-of-Pocket Health Expenditure in India in USD Millio
Public Health Expenditure in India in USD Millio
Foreign Direct Investments in Drug and Pharmaceuticals in India
In USD Millio
Number of Working Women in India in Millio
Read More: http://www.kenresearch.com/healthcare/skin-and
Personal-care-industry/india-nutraceutical-market-research-report/484-91.htm
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